Double financing balance
As of November 26, the two financial balances of Shanghai Stock Exchange reported 987.193 billion yuan, a decrease of 1.637 billion yuan compared with the previous trading day; The two financial balances of Shenzhen Stock Exchange reported 862.095 billion yuan, a decrease of 2.829 billion yuan compared with the previous trading day; The two cities totaled 1849.288 billion yuan, a decrease of 4.465 billion yuan over the previous trading day.
Latest views
Last Friday, the weak narrow shock of the stock indexes of the two cities of a shares. As of the close, the Shanghai index fell 0.56%, the Shenzhen Component Index fell 0.34% and the gem index fell 0.16%. With the resurgence of the epidemic, the global capital market fell sharply. Compared with the delta mutant strain found in India last October, it contains a total of 15 mutations; The Omicron mutant has more mutations than the delta strain. At present, it is known that the mutant carries at least 32 mutations. According to the statement released by the who on Friday, preliminary evidence shows that compared with other VOC variants, this variant has an increased risk of reinfection, and may spread faster than previous rounds of infection. Although the Omicron mutant is more resistant and spreads faster. However, in comparison, China’s ability to control the epidemic situation will be highlighted again. China’s control of the resumed delta strain is obviously better than that of the world. Therefore, from the perspective of the market, even if the A-Shares fall in the short term, it is a “golden pit”. In addition, if there is an epidemic black swan in the United States, in order to ensure the recovery of the economy, it will affect the process of raising interest rates. For China, China’s exports will continue to remain strong, At the same time, the tone of stabilizing credit will be implemented.
Topic tracking
Today’s focus: digital currency, lithium mine and wind power equipment (the focus is only optimistic on that day)
1. Theme of digital currency: on November 26, the State Council issued the opinions on supporting the high-quality development of Beijing Urban sub center, emphasizing that it supports the innovation and development of financial science and technology, speeds up the pilot of legal digital currency, completes the implementation of financial science and technology innovation regulatory tools, and supports large banks and other large banks to establish digital RMB operating entities according to law, Support eligible banks to participate in the pilot of direct banking and explore the construction of digital asset trading venues. It is suggested to pay attention to: Qitian Technology Group Co.Ltd(300061) (300061), Trust Alliance Information Development Inc.Ltd.Shanghai(300469) (300469).
2. Lithium theme: the data on November 25 showed that the quotation of battery grade lithium carbonate exceeded 200000 yuan / ton for three consecutive days, an increase of 359.8% compared with 43500 yuan / ton in the same period last year, and an increase of 277.4% since the beginning of the year. The rise of lithium price reflects that the contradiction between supply and demand in the market is still tense. As lithium resources, as one of the most important metal raw materials in the upstream of the new energy industry chain, have strong demand in the case of large-scale development of the industry. At the same time, downstream manufacturers and various industrial chain links also hope to control costs with controllable resources, which makes the competition for mine resources more intense. With the intensification of the contradiction between supply and demand, the spot price continues to rise, the contract price among large factories also rises month by month, and the lithium price may continue to rise. It is suggested to pay attention to: Chengxin Lithium Group Co.Ltd(002240) (002240), Tianqi Lithium Corporation(002466) (002466).
3. Theme of wind power equipment: Xi Jinping the general secretary presided over the 22nd Meeting of the central comprehensive Deepening Reform Commission on the afternoon of November 24. The meeting stressed that we should orderly promote the participation of new energy in market transactions, promote the formation of a virtuous circle of science and technology, industry and finance, and accelerate the transformation and application of scientific and technological achievements. As a new and renewable energy, wind power has developed rapidly in the context of double carbon. At present, it has grown from supplementary energy to one of the main energy. According to the data of the national energy administration, from January to September 2021, 16.43gw of new grid connected installed capacity of wind power was added in China. At the same time, the rapid decline of wind turbine price further stimulated the development demand of wind farms, and the market space was broad. It is suggested to pay attention to: Dajin Heavy Industry Co.Ltd(002487) (002487), Zhejiang Windey Co.Ltd(300772) (300775).
Risk tips: the epidemic has not been effectively controlled, the macro economy has unexpectedly declined, the liquidity crunch has intensified, and the industrial policies are lower than expected.
